News

On Wednesday, iHeartMedia and a group of its bondholders involved in litigation in the State District Court in Bexar County, Texas, agreed to extend the existing temporary restraining order until a May 16 trial. Here was iHeartMedia's reaction to that ruling...

Bloomberg reports iHeartMedia debtholder Bluejay Securities, an affiliate of Elliott Management Corp., is one of the debtholders challenging iHeart's transfer of 100,000 shares of Clear Channel Outdoor to Broader Media. iHeart alleges, according to Bloomerg, that Bluejay would "reap a financial windfall" if creditors can push iHeart into default because it bought short-term credit default swaps.

iHeartMedia's Thea Mitchem is kicking you-know-what and taking names in a world dominated by men: programming radio stations. Mitchem is iHeart's Executive Vice President of Programming for the Northeast Division, and Program Director for the influential Power 105.1 in New York City. She's been in radio for 21 years, programming for 15. Mitchem will appear on Radio Ink's 2016 Best Program Directors in America list, which comes out on May 9.

The Ace & TJ Show celebrated 18 years on morning radio in Charlotte, NC, Wednesday. The show’s first broadcast in Charlotte was on April 6th in 1998 and after 13 years at WNKS, they moved to their current radio home, iHeart Media’s Channel 96-1, in January 2012.

iHeart's KOST-FM in L.A. is adding Ryan Manno as the new Senior Producer for The Ellen K Morning Show. He'll also contribute on the air.

The NFL's Oakland Raiders and Entercom's 95.7 The GAME (KGMZ-FM) have jointly announced that the station will continue as flagship station for the team in San Francisco. The GAME first partnered with the Raiders in 2013. The agreement was negotiated in cooperation with Compass Media Networks.

35-year old Joseph Gerard Spooner, also known as "J.G. Spooner" was arrested Tuesday after allegedly funneling $7,000 in donations made to a GoFundMe campaign that was started for a woman suffering from cystic fibrosis. Spooner was fired by CBS Radio's 92.3 The Fan in Cleveland earlier this week, according to Cleveland.com.

Hiram Lazar is the new CFO for Compass Media Networks. Lazar has held senior positions at Dial Global and Westwood One, and served as CFO for Monroe College.

The deal is for three more NFL seasons on Q100.3 after Blarney Stone Broadcasting signed a new affiliate agreement with the team's flagship station, Cumulus' WJR-AM. Blarney Stone is co-owned by Sheryl and Jerry Coyne. Rock station WQON-FM is located in Grayling, MI.

Have you read any of our Telecom 20 special features yet? The debate rages on about what that law did for - or to - radio. We spoke to Steve Hicks, Mark Mays and Reed Hundt about the Telecommunications Act of 1996. Read all of those interviews HERE